Top 5 Largest Firms In The World - 2016

5) ExxonMobil

​Founded in 1999 via the merger of Exxon and Mobil, in Irving, Texas, it is an American multinational firm which offers a wide array of services from exploring and developing to distributing crude oil and natural gas. ExxonMobil is prominent known to be the second largest publicly traded corporation as per market capitalization and is also the biggest among the “supermajors” (world’s biggest oil and gas firms).

​ExxonMobil has been subject to various critisms, one of which was 1980 Exxon Valdez oil spill which was known to be the 36th worst oil spill in the world. Exxon has the capacity to shield itself from price volatility to some extent due to its massive size and diversified portfolio in lucrative markets.

4)​ Royal Dutch Shell

Royal Dutch Shell is an Anglo Dutch Multinational firm incorporated in London, UK with its headquarters situated in The Hague, Netherlands. Established in 1907, via the merger of two rivals( The Shell and Royal Dutch Petroleum Company), Shell has been prominently known to be one the most valuable firms around the world and is also one of the “supermajors”.

​It operates in the oil and gas industry in more than 70 countries, worldwide. In 2013, Shell held the top position in Fortune Global 500’s list of largest firms in the world with a phenomenal revenue equivalent to 84% of Netherland’s GDP ($555 billion)!

3) China National Petroleum Corporation

CNPC, a distinguished state owned oil and gas parent company of PetroChina was founded 1988 and headquartered in Beijing, China. It is particularly known to be the biggest integrated oil and gas corporation in China and a holds a prestigious position globally in providing oilfield services. CNPC, a major global energy player ,operates in over 70 countries. The firm holds a crucial role in China, producing 54% of crude oil and 75% of natural gas for the economy.